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Ardagh Group agreed to buy Anheuser-Busch's Longhorn Glass manufacturing facility in Houston, which supplies bottles to A-B's Houston brewery, with a long-term supply agreement and planned furnace modernisation. Parcrest Advisors acted as exclusive advisor to the seller.
Anheuser-Busch agreed to sell its Houston-based Longhorn Glass manufacturing facility, which supplies bottles to its Houston brewery, to Ardagh Group. Ardagh plans to invest in modernizing the facility, and the transaction is expected to be followed by a long-term supply agreement.
Agility Fuel Solutions, a Hexagon business, received an order from Anheuser-Busch for over 180 new trucks equipped with ProCab 175 CNG fuel systems, with an estimated total value of over USD 8.0 million. Delivery is scheduled from mid-Q3 to mid-Q4 2020.
Dominion Packaging will invest $25.1 million to expand its operation in Henrico County, Virginia, to support a new contract with Anheuser-Busch, creating 60 new jobs. Virginia competed against Pennsylvania for the project, and the announcement was made by Governor McAuliffe.
Anheuser-Busch broke ground in March 2016 on a $175 million expansion of its Metal Container Corporation plant in Jacksonville, Florida, to make 16 oz aluminum bottles, with Haskell and Benham building it and 75 new jobs promised.
